Still Looking!
Disin-diogenous?
Thursday, October 15, 2026
The 2026 SECU Annual Meeting: Q&A Recap - Looking for Some Honest Answers...
Wednesday, October 14, 2026
The 2026 SECU Annual Meeting: Recap ...
This year's Annual Meeting appeared to go off without a hitch. Well-scripted, stage-managed!
As noted in yesterday's post [link], SECU members' focus should have been on three areas: 1) financials, 2) board election, and 3) the Q&A. Well, it ended up being a "Meatloaf" meeting [link], as in "Don't be sad, 'cause two out of three ain't bad."
Excellent marks for financial performance in the past year, with unblemished CPA audit reports for @ the 50th consecutive year - the real hallmark of SECU! Financially well-managed, safe and sound. CEO Brady's interpretation of those financial results did have its critics [Anonymous October 13, 2026 at 6:51 PM].
You might be surprised, but board elections were also a high positive! Looks like @100,000 members are still very much engaged. SECU members showed they want to have a choice and a chance to vote on their directors. This year's member-nominated candidates - Barry Browning and Julian Hawes - attracted much interest, but were not elected. The two member-nominated candidates from 2023 were re-elected!
As to the Q&A, regrettably it turned out to be another "tails up" performance by our CEO. We did learn that a new 30 minute limitation has been adopted for this session. Most of the 70 submitted questions were not answered by Ms. Brady, but a promise was made to post a complete Q&A by the end of October. So, we'll have to wait a couple of weeks on this one. If you missed the Annual meeting, a video will also be posted by the end of the month.
😎 As an SECU member be sure to take a few moments to watch the video segment on the SECU Foundation! The Foundation presentation by executive director, Jama Campbell, was the highlight of the meeting. If you don't realize how important SECU is to North Carolina, Ms. Campbell will convince you - Make you proud!
Subscribe to:
Posts (Atom)